- Blackberry moves above 50 day SMA.
- One hour chart shows price above 200 Hour SMA and 38.2% Fib level.
- Its crucial for bulls to hold these levels on a daily closing basis. Price holding above 14.14 levels may extend gains towards the next resistance levels at 15.42.
- First chart shows price testing possible resistance line.
- Second chart shows the unfilled GAP's in daily chart. Weakness on price closing below 67.69 levels below the last GAP formed on chart.
- For bulls need to protects its place above 78.6% Fib level for a complete reversal towards 70.58 levels and higher.
- APPLE WEEKEND UPDATE
-->
- ES hour chart continues to trade in a range.
- Price testing 100 Hour SMA and Hourly cloud. If hour closes below this level it could lead to range breakdown. Sustaining above these two support levels may lead to a breakout.
- APPLE WEEKEND UPDATE
-->
- Weekly chart of Bank nifty shows a bullish engulfing pattern.
- Daily chart is nearing possible resistance levels.
- Price is back to the neckline of the head and shoulders pattern. Price is also nearing the Golden ratio. For bigger up moves price has to sustain above these two levels.
